Intergenerational Redistribution in the Great Recession
收藏NBER2011-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16924
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资源简介:
In this paper we construct a stochastic overlapping-generations general equilibrium model in which households are subject to aggregate shocks that affect both wages and asset prices. We use a calibrated version of the model to quantify how the welfare costs of severe recessions are distributed
提供机构:
美国国家经济研究局
创建时间:
2011-04-01



